When I got back from CLOC last month, I was amazed at the various roles and responsibilities shouldered by legal operations staff. Still one of the fastest growing roles in legal departments, the responsibilities often assigned to these teams are varied and all over the map in terms of impact on the business, not just the legal department. Continue Reading The Ever-Increasing Responsibilities of Legal Operations Staff
LexisNexis’ Kris Satkunas looks at data-driven insights into legal departments’ billing and law firm consolidation activities.
CCBJ: The LexisNexis annual CounselLink report has become a useful benchmarking tool for legal departments. Tell us a little about its history and how it’s being used. Continue Reading Benchmarking Spurs Creative Thinking on Fees
When you think of enterprise legal management (ELM) systems, you probably think about the ways they can make spend and matter management more efficient. But ELM systems are quickly evolving, becoming more comprehensive all the time, and today they can help optimize contract management, NDA creation and distribution, legal holds, legal service requests and much more. Continue Reading Transforming the Legal Department: ELM Solution Puts Information at Everyone’s Fingertips
CCBJ: Akin Gump has been recognized by the Financial Times for its work in compliance and technology. What led to that recognition?
Thomas McCarthy: Beginning over a decade ago, there was an upswing in enforcement trends by the U.S. government in areas that affected our clients – particularly export controls, sanctions and anticorruption. Continue Reading Stepping Up Service with Customized Tech Tools for Compliance & Investigations
Legal technology, information management, cost control and convergence move into the spotlight.
To celebrate our 25th anniversary, we are digging into the MCC archives for insights into the evolution and accomplishments of corporate counsel. Last issue, we focused on our inaugural edition. This issue we examine our first five years – 1994-98 – a period when corporate counsel were focused on building closer relationships with outside counsel, exemplified by the DuPont partner program. Our next four issues will tackle five years of MCC at a clip. Enjoy the trip. Continue Reading Looking Back: The Search for Trust, 1994-98
An annotated review of Information Governance Insights columns from 2017
The scope of corporate counsel duties has changed rather rapidly and drastically in the past decade. As companies have quickly begun to digitalize nearly every aspect of their operations, digital information has become the lifeblood and primary asset of nearly all business, in every industry, in every sector. Whether a company makes or sells widgets, transports goods or people, facilitates markets or financial transactions, or provides services of any sort, in the past few years it has also become an information business. The volume of digital information flowing through companies has also grown exponentially in this same short period. Continue Reading Information Governance Insights: Taking Control of the Data Mountains
Data migration has reached a tipping point. The vast majority of technology decision-makers (84 percent) say that their organization invested in cloud services in 2016, according to Insight’s 2017 Intelligent Technology Index report. It noted that “while only 15 percent have fully migrated their corporate application workloads to public clouds, 47 percent are more than halfway implemented in the cloud, with large and medium companies leading the way.” Continue Reading Now That Your Data’s in the Cloud, How Do You Get It Out?
The ambitious webinar hosted by Metropolitan Corporate Counsel on September 7 took on four big topics that were filtered through surveys primarily directed at legal operations departments. The topics were information security; analytics and artificial intelligence (AI); cloud adoption; and discovery and content management. Continue Reading Legal Ops Professionals Weigh In: Higher level of analysis in law departments drives shifts in the industry
Interview with Alisa McLellan / Inventus
Alisa McLellan, a licensed attorney, is the director of project management for the Chicago and New York offices at Inventus. She and her team work with inside and outside counsel to manage large data-collection projects for both litigation and internal investigations. In this interview, Alisa shares strategies for managing highly effective and cost efficient e-discovery initiatives. Her remarks have been edited for length and style.
Law departments of the world, unite. You have nothing to lose and everything to gain with data analytics!
Your business is awash in numbers, along with software tools you can use to learn from them. You also have an important cadre of allies: Your key law firms have for years been stockpiling operational numbers about your work that will help you increase and demonstrate your department’s value to your company. But those firms need prodding to encourage them to mine their data for your benefit. That’s why you need to stay informed and involved.
The five imperatives below are the kinds of things you may want to say to your key firms. If you do, this manifesto gives you an easy way to deliver the message.
Continue Reading A Manifesto for Metrics: Law departments need to prod their outside counsel to use data more effectively